John Rae and the contemporary proponents of the economics of competitiveness assert that traditional treatments of economic growth, development, and trade have not taken into account the ability of technological progress to overcome diminishing returns to investment. Unlike the contemporary advocate...

The question addressed is, have we achieved what Veblen called "evolutionary social science", that is, a systematic account of socioeconomic change? Taking account of different meanings of "systematic" and observing some of scientific systems that have held place in the history of Economics, the aut...